Kingsview Wealth Management LLC purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 12,679 shares of the company’s stock, valued at approximately $1,460,000.
A number of other institutional investors have also modified their holdings of DLTR. Cullen Frost Bankers Inc. acquired a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Reflection Asset Management acquired a new stake in Dollar Tree during the fourth quarter worth about $25,000. Covestor Ltd grew its holdings in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after acquiring an additional 84 shares during the period. Basecamp Wealth Advisors LLC raised its position in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after acquiring an additional 97 shares in the last quarter. Finally, EFG International AG purchased a new position in Dollar Tree during the second quarter valued at approximately $30,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.
Dollar Tree Stock Up 1.0%
Shares of DLTR opened at $128.26 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The stock’s 50 day moving average is $126.03 and its two-hundred day moving average is $114.77. The firm has a market cap of $24.65 billion, a P/E ratio of 15.66, a PEG ratio of 1.40 and a beta of 0.64.
Dollar Tree declared that its board has authorized a share buyback program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.
Analysts Set New Price Targets
DLTR has been the subject of a number of analyst reports. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price target for the company in a report on Thursday, June 4th. Wells Fargo & Company boosted their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Raymond James Financial reissued an “outperform” rating and set a $145.00 price target on shares of Dollar Tree in a report on Friday. The Goldman Sachs Group lowered shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. Finally, Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Ten investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $129.18.
Read Our Latest Stock Report on Dollar Tree
Key Stories Impacting Dollar Tree
Here are the key news stories impacting Dollar Tree this week:
- Positive Sentiment: Dollar Tree reported second-quarter revenue of $4.89 billion, up 7% year over year and above estimates of approximately $4.86 billion. Adjusted earnings per share reached $2.70, substantially exceeding the $1.15 consensus, helped by higher markups, lower freight costs, reduced shrinkage and tariff-related refunds. Dollar Tree beats quarterly revenue estimates on steady demand
- Positive Sentiment: Comparable-store sales rose 3.7%, driven by a 3.3% increase in average ticket and positive customer traffic of 0.4%. Management also cited improving assortments and continued demand for affordable essentials. Dollar Tree Q2 earnings call highlights
- Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $7.70–$8.05 from $6.70–$7.10. Dollar Tree also repurchased approximately 5.6 million shares for $605 million during the quarter, supporting per-share results. Dollar Tree lifts earnings outlook
- Neutral Sentiment: Dollar Tree is attracting more middle- and high-income shoppers seeking value, while lower-income customers remain pressured by the cost of necessities. This broadens the customer base but also highlights uneven consumer health. Dollar Tree attracts higher-income customers
- Negative Sentiment: Third-quarter adjusted EPS guidance of $0.80–$0.95 was well below the roughly $1.40 analyst expectation. Investors viewed the outlook as evidence that fuel costs, tariffs and reinvestment expenses could pressure profitability, overshadowing the second-quarter beat and the higher full-year forecast. Dollar Tree cites higher fuel prices as a headwind
About Dollar Tree
Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.
Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.
Read More
- Five stocks we like better than Dollar Tree
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR – Free Report).
Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.
